Background*

Mr. Kaikhushru Shiavax Nargolwala, also known as Kai, FCA, served as the Chief Executive of Asia-Pacific Region at Credit Suisse (Australia) Ltd., Credit Suisse and Credit Suisse Group from January 2008 to October 1, 2010. Mr. Nargolwala was responsible for Governance in Asia and its Global Risk and Special Asset Management functions. He served as a Member of Executive Board at Credit Suisse AG since January 2008 until 2009. Mr. Nargolwala served as the Chief of Asian ... Operations of Standard Chartered Bank at Standard Chartered Bank Korea Limited. He served as the Head of Growth & Governance Across the Asia Pacific Region and India, Afghanistan, Bangladesh and Sri Lanka at Standard Chartered plc. He served as the Group Head of Sales of Standard Chartered since joining it in 1998 where he had been responsible for relationships with corporate and institutional customers in the Asia Pacific region, the USA and Europe. He served as Group Vice President and Head of Asia Wholesale Banking Group of Standard Chartered from January 1990 to September 1995. Mr. Nargolwala served as the Chairman of the Wholesale Banking business at Standard Chartered Group with responsibility for business strategy, performance and development of relationships with its key corporate and institutional clients globally. He was responsible for corporate governance across the Asia Pacific region and India. He served as Group Executive Vice President and Head of Asia Wholesale Banking Group at Bank of America. He served at Sabbatical from September 1995 to December 1997 and Bank of America from June 1976 to September 1995. He served as the Chairman of the Board of Credit Suisse Asia Pacific of Credit Suisse Group since October 1, 2010. Mr. Nargolwala served as the Chairman of the Board and Director of Standard Chartered Bank Korea Limited since April 11, 2005. He served as the Chairman at Standard Chartered Bank (Thai) Public Company Limited until September 6, 2007. He has been a Board Member of Credit Suisse (USA), Inc. since 2013. He has been a Director of Credit Suisse Group AG since April 2013 and PSA International Pte Ltd. since June 1, 2012. He had been a Non Executive Director at Singapore Telecommunications Ltd. since September 29, 2006 until July 2015 and had been its Lead Independent Director since May 13, 2009 until July 2015. He has been a Director of Credit Suisse AG since April 2013. He has been a Non-Executive Director at Prudential plc since January 1, 2012. He served as an Executive Director of Standard Chartered Bank Australia since May 7, 1999. He served as a Director of Standard Chartered Bank India. He served as an Executive Director/Member of Executive Board of Credit Suisse Group from January 2008 to September 2010. He served as an Executive Director of Standard Chartered Plc from November 11, 2003 to September 6, 2007. Mr. Nargolwala served as an Independent Non Executive Director of Tate & Lyle PLC from December 1, 2004 to December 2007. He served as a Director of Visa International Asia Pacific Regional Board. He served as a Director of Standard Chartered Bank (Thai) Public Company Limited from May 7, 1999 to September 6, 2007. Previously, he served as a Director of Standard Chartered Plc from May 7, 1999 to November 11, 2003. He is a Fellow of the Institute of Chartered Accountants in England and Wales. He practiced as a Chartered Accountant with Peat Marwick Mitchell & Co. in London. Mr. Nargolwala holds a BA in Economics from the University of Delhi, India in 1969.

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